Canadian pork and poultry packer Olymel announced management layoffs, citing the company’s growth challenges.
Olymel will eliminate 177 management positions while 120 positions became open in recent months, 57 current employees were given layoff notices on Monday primarily in its offices in Quebec.
The company said the decision was made after carefully considering the effectiveness and redundancy of the administrative support functions within the organization.
Olymel President and CEO Yanick Gervais said the effects of the COVID-19 pandemic and labour shortages, market and supply chain disruptions, raw material price inflation, and an uncertain global economic landscape were all factors.
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